Olenox adds option for investor to apply up to 30% of equity put proceeds toward outstanding notes
OLOX•Amended stock purchase agreement
Olenox Industries amended its stock purchase agreement with General Alpha to let the investor deduct up to 30% of any put amount to repay outstanding principal or interest on notes or convertible notes the company owes it.
The amendment also extended the facility’s expiration to Aug. 3, 2028.
